Over the next Several Weeks we will be posting a new and different one-minute video providing business tips and instructional commentary for small business owners. These tips will range from key metrics to consider to the importance of Business and Cash Flow Forecasting.
Here is the first one
Numbers. What do they mean? What are they telling me? How can I use the numbers to make better decisions?
These are the questions my potential clients ask.
My name is Michael Barbarita from Next Step CFO providing outsourced CFO Services with your know your numbers minute.
One of the things that I do, is I show the business owner how to use their financial statements to make better business decisions.
Through a combination of metrics, like the gross profit margin, operating costs per hour, sales per customer and others, I can help the business owner make confident and more accurate strategic business decisions.
But it all starts with accurate financial statements.
And Remember, the most successful business owners know their numbers.